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6.1. B. - Page 20 <br /> 1. Preliminary Site Identification and Investigation of Value. <br /> In addition to those instances when private parties approach the City to <br /> propose the acquisition of real property, the City Manager may from time <br /> to time ascertain the market demand for City-owned properties in <br /> conformance with this policy. The City Manager will typically utilize <br /> informal means, such as reported listings and broker information, for <br /> estimating the market value of the parcel in order to determine whether <br /> opportunities should be pursued. <br /> 2. Preliminary Title Report. <br /> For purchases, a preliminary title report for the parcel should be obtained <br /> so that the City is aware of any possible liens or encumbrances on the <br /> property, and other exception to title, and to determine the owners of <br /> record in order to ascertain the correct parties to the disposition <br /> agreement. In most instances, a final title report and title insurance <br /> policy will be obtained at a later stage of the process. <br /> 3. Determine Approach to Be Used for Disposal. <br /> City staff should determine which of the approaches noted above should <br /> be taken with respect to the property at issue and bring the proposal to <br /> the City Council for approval prior to starting the disposal process. <br /> 4. Environmental Review. <br /> The disposal of real property by a public agency is a project within the <br /> meaning of the California Environmental Quality Act. Sometimes, <br /> however, a disposition by the City will be exempt from the requirements <br /> of CEQA (for example, where an existing use is anticipated to continue <br /> after acquisition by the purchaser). In any event, the Community <br /> Development Department should be consulted to ensure that the <br /> appropriate environmental review is conducted and that any necessary <br /> environmental documentation is completed prior to a decision to sell or <br /> lease City-owned property. <br /> 5. Surplus Land Act. <br /> If the property intended for sale has been determined to be surplus <br /> property pursuant to California Government Code Section 54220, such <br /> surplus City-owned property must first be offered to certain agencies. <br /> The City Attorney should be consulted to ensure such offers are made in <br /> compliance with the Surplus Land Act. <br /> ATTY/POLICIES/PROPERTY ACQUISITION AND DISPOSITION PROCEDURES <br /> REV: 10-04-12 PT <br /> Page 16 of 21 <br />